Monday 2/27 Insider Buying Report: NLSN, ULBI Monday, February 27, 3:10 PM ET
As the saying goes, there are many possible reasons for an insider to sell a
stock, but only one reason to buy -- they expect to make money. So let's
look at two noteworthy recent insider buys.
At Nielsen Holdings (NYSE:
NLSN), a filing with the SEC revealed that on
Thursday, Director Robert C. Pozen bought 152,755 shares of NLSN, at a cost
of $27.84 each, for a total investment of $4.25M. Nielsen Holdings is
trading up about 2.5% on the day Monday. Before this latest buy, Pozen made
one other buy in the past twelve months, purchasing $498,018 shares for a
cost of $28.39 each.
And also on Thursday, CEO Michael D. Popielec purchased $191,706 worth of
Ultralife Corp (NASDAQ:
ULBI), purchasing 40,000 shares at a cost of $4.79 each.
Before this latest buy, Popielec bought ULBI on 3 other occasions during the
past twelve months, for a total investment of $277,299 at an average of
$4.62 per share. Ultralife Corp is trading up about 2.7% on the day Monday.
Popielec was up about 10.4% on the purchase at the high point of today's
trading session, with ULBI trading as high as $5.29 at last check today.
For MarketNewsVideo.com, I'm Tracey Fitzpatrick.
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Monday 2/27 Insider Buying Report: NLSN, ULBI
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